Wednesday, October 14, 2015

Trading Video: Dollar Breaks Key Support as Pound and Kiwi Soar

Trading Video: Dollar Breaks Key Support as Pound and Kiwi Soar


Trading Video: Dollar Breaks Key Support as Pound and Kiwi Soar

Posted: 14 Oct 2015 07:00 PM PDT

We have seem some impressive moves recently, and they some don't seem to follow key themes nor the prevailing trends.

Using USDJPY to Differentiate Between Weak, Moderate and Strong Breaks

Posted: 14 Oct 2015 06:07 PM PDT

Not all breakouts are created equal.

EUR/GBP Technical Analysis: Double Top Taking Shape?

Posted: 14 Oct 2015 05:35 PM PDT

The Euro put in a bearish Dark Cloud Cover candlestick pattern, hinting a double top may be forming below the 0.75 figure against the British Pound.

EUR/USD Technical Analysis: Aiming Above 1.15 Figure

Posted: 14 Oct 2015 05:05 PM PDT

The Euro continues to rise against the US Dollar as expected, with a break above chart resistance clearing the way for a move above the 1.15 figure.

EURUSD Long Scalps Eye Key Resistance - Breakout Targets 1.18

Posted: 14 Oct 2015 12:56 PM PDT

A break of the weekly opening range has charged a rally into resistance ahead of U.S. CPI tomorrow . Here are the updated targets & invalidation levels that matter.

EUR/USD Offers Attractive Risk: Reward Toward Recent Range Low

Posted: 14 Oct 2015 10:27 AM PDT

The US Dollar seemingly is without a bid. But EUR/USD seems to be at a worthy technical juncture to consider a retracement trade.

The Break Higher of Gold Prices Opens the Door to 1200

Posted: 14 Oct 2015 10:19 AM PDT

The Elliott Wave technical picture shows the next level of resistance for Gold price is near $1200 per ounce.

WTI Crude Oil Price Forecast: Oil Set To Gush on Break of 200 DMA

Posted: 14 Oct 2015 09:35 AM PDT

The recent drop in WTI Crude Oil price away from 2 ½ month highs has some price bulls worried, but the low may be in.

USD/CAD Technical Analysis: LT Divergence Playing Out

Posted: 14 Oct 2015 09:24 AM PDT

USD/JPY Technical Analysis: Rolling Over to the Downside

Posted: 14 Oct 2015 09:24 AM PDT

US Dollar Technical Analysis: Trendline Support at Risk of Breaking

Posted: 14 Oct 2015 09:24 AM PDT

GBPCAD Pending Breakout Entry

Posted: 14 Oct 2015 06:40 AM PDT

The GBPCAD has declined as much as 1239 pips from the 2015 high. Learn how to trade the next breakout with today’s chart.

USDJPY Breakout on Morning News

Posted: 14 Oct 2015 06:24 AM PDT

The USDJPY is attempting to breakout on worse than expected Retail Sales data. Learn today’s trading values with the Chart of the Day!

Weak US Retail Sales Data Sinks US Dollar, Again

Posted: 14 Oct 2015 06:10 AM PDT

Another day, another disappointing US economic report.

Price & Time: Make or Break Time For US Dollar

Posted: 14 Oct 2015 05:50 AM PDT

Testing key moving average again. Important move on the horizon?

Gold Prices Set Four Month High After Disappointing Chinese Inflation

Posted: 14 Oct 2015 05:36 AM PDT

Another piece of disappointing data out of China heightens concerns that the Asian-slowdown is deeper-than-expected.

British Pound Rises as Unemployment Rate Unexpectedly Drops

Posted: 14 Oct 2015 03:14 AM PDT

The Pound gained 0.4% versus the US Dollar after today's employment data, providing evidence that the British labor market is still in good shape.

EUR/USD Advance Susceptible to Strong U.S. Retail Sales Report

Posted: 14 Oct 2015 01:00 AM PDT

A further pickup in U.S. Retail Sales may encourage a near-term pullback in EUR/USD as it boosts speculation for a 2015 Fed rate-hike.

Pound May Rise on Wages Data, US Dollar Mired in Fed Speculation

Posted: 14 Oct 2015 12:35 AM PDT

The British Pound may rise as firming wage inflation rekindles BOE rate hike bets while the US Dollar remains at the mercy of churning Fed policy bets.

Aussie Dollar Looks Past Soft Chinese CPI as RBA Rate Cut Bets Swell

Posted: 13 Oct 2015 10:40 PM PDT

The Australian Dollar showed a tepid reaction as weak Chinese CPI data showed the pace of price growth slowed for the first time in three months.

Risk-Selling Dampens Oil and Copper Yet Drives Gold to 3-month High

Posted: 13 Oct 2015 09:43 PM PDT

Gold rose to the highest since July as Fed comments and China data outlined growth risk. Copper, oil bounced lightly after overnight losses.

USD/CAD Strategy: Long Position Entered Above 1.30

Posted: 13 Oct 2015 07:52 PM PDT

The US Dollar is edging higher having put in a bullish Piercing Line candlestick pattern, hinting a reversal higher against its Canadian counterpart may be in progress.

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